Harvard endowment has lost $8 billion

The Chronicle of Higher Education reports that Harvard University’s endowment has lost at least $8-billion, or 22% of its value, since June — a serious problem considering that 35% of Harvard’s operating budget comes from endowment investment earnings.

The Chronicle of Higher Education reports that Harvard University’s endowment has lost at least $8-billion, or 22% of its value, since June — a serious problem considering that 35% of Harvard’s operating budget comes from endowment investment earnings.